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Apr 22, 2013
04/13
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FBC
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cheryl: more tax pain. legislation to boost internet sales taxes. peter barnes is standing by. >> i think the last 20 years, cheryl. this legislation has led to a titanic lobbying battle between brick-and-mortar retailers and many internet retailers led by ebay. it appears that it finally passed congress this year. in part because so many states need the revenue so badly. it means you would be required to collect sales taxes nationwide from no more than 9600 tax jurisdictions across the u.s. for brick-and-mortar retailers, we have an app for that. >> they will provide for software from the states to help small businesses comply. we think that online marketplaces like ebay could also serve this function. therefore, we think it would be reasonably easy for many businesses to comply with this law. peter: states say this legislation could help collect $23 billion. california alone could pull in an extra $4 billion a year. the fight right now is really over an exemption small online retailers. ebay is pushing for an exemption of under 10 million or 50 em
cheryl: more tax pain. legislation to boost internet sales taxes. peter barnes is standing by. >> i think the last 20 years, cheryl. this legislation has led to a titanic lobbying battle between brick-and-mortar retailers and many internet retailers led by ebay. it appears that it finally passed congress this year. in part because so many states need the revenue so badly. it means you would be required to collect sales taxes nationwide from no more than 9600 tax jurisdictions across the...
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Apr 18, 2013
04/13
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FBC
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nevermind tax pain, but what gout tax gain? thank you to the tax man. cheryl: tax pain is easy to think of the irs, but coming up, how 24 agency employees scammed the government and taxpayers out of big bucks, and they did it under the boss' nose. that would be uncle sam. looking at the oil contracts before break. we are, again, blow $90 a barrel, 87.52 on oil. take a look at that. ♪ , and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll finde good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. it's just common sense. trust your instincts to make the call. to treat my low testosterone, my doctor and i went with axiron, the only underarm low t treatment. axiron can restore t levels to normal in about 2 weeks in most men. axiron is not for use in women or anyone younger than
nevermind tax pain, but what gout tax gain? thank you to the tax man. cheryl: tax pain is easy to think of the irs, but coming up, how 24 agency employees scammed the government and taxpayers out of big bucks, and they did it under the boss' nose. that would be uncle sam. looking at the oil contracts before break. we are, again, blow $90 a barrel, 87.52 on oil. take a look at that. ♪ , and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef bere...
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Apr 23, 2013
04/13
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FBC
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how many pay taxes? we don't know. how many will pay taxes if they get jobs? how much will they pay in taxes? we don't know. what is the real cost of illegal immigration to the u.s.? the real cost? hohonest square, accounting? what is this answer. what are those illegal immigrants paying in taxes and providing in the way of services to others in this country, some are i imencely productive? what is the cost of the jobs they hold, is there no cost? is it true they only work in industries where americans don't top work. this that is find just give us an answer, do we as a nation make money? do we benefit? do we prosper because of illegal immigration. you hear everyone say we're a nation of immigrants, why don't they say a nation of illegal immigrants? the questions go on and on, is the path to citizenship appropriate? is it good or bad for the economy? it is good for american society. the real question becames after 10 years of debating this issue, why in the world don't we havv tse answers? that's the big question. if you have been watching politics, and washin
how many pay taxes? we don't know. how many will pay taxes if they get jobs? how much will they pay in taxes? we don't know. what is the real cost of illegal immigration to the u.s.? the real cost? hohonest square, accounting? what is this answer. what are those illegal immigrants paying in taxes and providing in the way of services to others in this country, some are i imencely productive? what is the cost of the jobs they hold, is there no cost? is it true they only work in industries where...
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Apr 22, 2013
04/13
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FBC
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sales tax jurisdictions across the u.s. you will also be audited by out-of-state tax collectors. that is just wrong and unnecessary for year. speak they really want a level playing field. peter: states say this legislation could help them collect $23 billion a year in additional tax revenue. california alone could pull in an extra $4 billion a year. the fire right now is really over an exemption for small online retailers. ebay, however, is pushing for an exemption of 10 million or 50 employees. lori. lori: both sides make a vital argument. peter: this got a test vote in the senate earlier this year. it got 75 votes on a pretty bipartisan basis. this legislation faces stronger opposition in the house from anti-tax. lori: thank you, peter barnes. melissa: crying wolf. former department of transportation inspector says it is just another example of shoddy management. she joins us ahead. lori: a look at the breakdown. you do have shares in the right here. microsoft and caterpillar leading the dow. we will be back right after t
sales tax jurisdictions across the u.s. you will also be audited by out-of-state tax collectors. that is just wrong and unnecessary for year. speak they really want a level playing field. peter: states say this legislation could help them collect $23 billion a year in additional tax revenue. california alone could pull in an extra $4 billion a year. the fire right now is really over an exemption for small online retailers. ebay, however, is pushing for an exemption of 10 million or 50...
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Apr 18, 2013
04/13
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CSPAN2
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the president did raise taxes $600 billion, there was never an agreement to raise taxes. so that's where we've got a loggerhead. this is the problem. at the end of debate i remember when the president guaranteed the american people sequester wouldn't happen. but it is happening. it's happening right now in the law. the house has proposed a budget that eliminates cuts on the defense department, besides other cuts to replace them when. the president is saying he wants to eliminate the sequester are apparently indicates he does, but he wants to do it raising taxes and that is a nonstarter. under our current day, we increase spending every year. the difficulty is that pointed out before our committee so many times is half the reductions in spending and sequester file on the defense department come which only make ucmj six of the spending in our government. that is a disproportionate cut. as you talk to congress about the disabilities, i suggest you go to 1600 pennsylvania avenue and talk to the president, commander-in-chief. i am very worried because congress is not going to
the president did raise taxes $600 billion, there was never an agreement to raise taxes. so that's where we've got a loggerhead. this is the problem. at the end of debate i remember when the president guaranteed the american people sequester wouldn't happen. but it is happening. it's happening right now in the law. the house has proposed a budget that eliminates cuts on the defense department, besides other cuts to replace them when. the president is saying he wants to eliminate the sequester...
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Apr 16, 2013
04/13
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taxes, our corporate taxes. that's an unlevel playing field and the person that's disadvantaged is not the owner of the ford. the person that's disadvantaged is the employee at ford who needs to have that job. we used to have a ford line and a g.m. line in the city of atlanta, mr. speaker. they are both closed. they are both closed today because they couldn't make it work. werk bring those jobs back to america, mr. speaker. more importantly, we can prevent jobs from leaving america, not because we're making them stay, not because we're going to tax them if they leave but because we make america the magnet for job creation and economic activity across the planet. today, we're the worst, mr. speaker. tomorrow, we can bring ourselves back to the middle, but my question to the body today, mr. speaker, is, why don't we commit ourselves to making america the very best place to do business on the planet? we can continue to borrow money from the chinese if we want to, mr. speaker. we can continue to add burden to all of
taxes, our corporate taxes. that's an unlevel playing field and the person that's disadvantaged is not the owner of the ford. the person that's disadvantaged is the employee at ford who needs to have that job. we used to have a ford line and a g.m. line in the city of atlanta, mr. speaker. they are both closed. they are both closed today because they couldn't make it work. werk bring those jobs back to america, mr. speaker. more importantly, we can prevent jobs from leaving america, not because...
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Apr 19, 2013
04/13
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CSPAN2
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this year raising taxes $600 billion. but there was never an agreement as part of the sequester or the budget control act to raise taxes so that's where we have a lawyer at. this is the problem so in the debate and i remember sitting up when the president guaranteed the american people that the sequester wouldn't hap but it is happening. it's happeningright now. it's infil all. the house has proposed a budget that eliminates the cuts on the defense department but finds other cuts in the government to replace them with. the president is saying he wants to eliminate the sequester. he apparently indicates that he does, that he wants to do that raising taxes and that is a nonstarter. under the current debt path we are increasing spending every year. the difficulty as i pointed out before our committee so many times is half of the reductions in spending and in the sequester follow in defe which lyup onixt entour rn so that is a disproportionate cut. as you talk to congress about the difficulties, i suggest that you go to 1600
this year raising taxes $600 billion. but there was never an agreement as part of the sequester or the budget control act to raise taxes so that's where we have a lawyer at. this is the problem so in the debate and i remember sitting up when the president guaranteed the american people that the sequester wouldn't hap but it is happening. it's happeningright now. it's infil all. the house has proposed a budget that eliminates the cuts on the defense department but finds other cuts in the...
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Apr 23, 2013
04/13
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CNBC
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he wants to end the spending cuts so he can raise taxes. you know it and i know it. and kevin brady knows it. thank you, mr. brady, we appreciate it. >> thank you. >> very much. now, folks, some more bad news. i don't know. a huge insider trading scandal broke earlier this month. a washington lobbyist tipped off some investors to an $8 billion increase in government health care spending. now, cnbc's eamon javers has new details about this grisly story. once again, good evening, eamon. >> good evening, larry. the new details are that the law and lobbying firm green and troutwig has received and is responding to a subpoena from the s.e.c. in this matter. they are involved in a situation here, because the allegation is that a separate firm called hight securities sent a tip to wall street clients that changes were coming to medicare. there was an employee involved in the chain of communication of e-mails of some of this information. now greenbergtroutwig also saying today they're going to get out of the business of so-called political intelligence. that's when firms in
he wants to end the spending cuts so he can raise taxes. you know it and i know it. and kevin brady knows it. thank you, mr. brady, we appreciate it. >> thank you. >> very much. now, folks, some more bad news. i don't know. a huge insider trading scandal broke earlier this month. a washington lobbyist tipped off some investors to an $8 billion increase in government health care spending. now, cnbc's eamon javers has new details about this grisly story. once again, good evening,...
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Apr 16, 2013
04/13
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KOFY
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the billion dollar project will be entirely privately financed and will return 19 million a year in taxes. >> i have never been involved economic development project simultaneously offers so much private capitol investment and so many measurable public community benefits. >>reporter: some resident of the waterfront neighborhood have joined with the sierra club and bay keeper in opposing the bill because they want proposal for the 13 acre site to good through local committe committee. >> bay conservation development commission bcdc and state land commission must be allowed to do their job and rae view the project. >>reporter: an attorney and rest didn't of the embarcadero neighborhood. >> anyone who has driven down to ball game since the giant season started knows what is happening on the embarcadero they know the roadway system are seriously over tashtioned. >>reporter: warrior president told me the transportation planner is working on it. >> mayor leasked transportation study not just focus on the warrior project and entire water front transportation system. >> opponent worry that approv
the billion dollar project will be entirely privately financed and will return 19 million a year in taxes. >> i have never been involved economic development project simultaneously offers so much private capitol investment and so many measurable public community benefits. >>reporter: some resident of the waterfront neighborhood have joined with the sierra club and bay keeper in opposing the bill because they want proposal for the 13 acre site to good through local committe...
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Apr 21, 2013
04/13
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MSNBCW
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to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com i found our colors. we've made a decision. great, let's go get you set up... you need brushes... you should check out our workshops... push your color boundaries while staying well within your budget walls. i want to paint something else. more saving. more doing. that's the power of the home depot. behr premium plus interior paint, only at the home depot and starting at $23.46 a gallon. diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life.
to the lowest rate in sixty years, and we're creating tax free zones for business startups. the new new york is working creating tens of thousands of new businesses, and we're just getting started. to grow or start your business visit thenewny.com i found our colors. we've made a decision. great, let's go get you set up... you need brushes... you should check out our workshops... push your color boundaries while staying well within your budget walls. i want to paint something else. more saving....
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Apr 18, 2013
04/13
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CSPAN2
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on tax reform tomorrow i would lower the income tax. we can compromise on the number. i would lower to 17% tomorrow. just do it. i don't care people predict less revenue. it would be an enormous boost to the economy and like under kennedy and under coolidge and under reagan when you reduce rates sometimes you get more revenue. the same thing with immigration. we make it harder on ourselves or that the commission, we make it harder when we have 1000 moving parts. it's why the public is upset with us. why don't we ever pass anything and why can't we get along? that will be the sweetener for the bigger deal that we never seem to get so why not break up these big deals into smaller deals? i try to pass the stem technology thesis expanding those. i tried to pacify unanimous consent and schumer came up and said no but how about passing mine by unanimous consent and i was actually quiet. they would have been shocked by that but they would have gotten something done. it would have been great fun to see we passed immigration reform by unanimous consent. >> i have to ask you abo
on tax reform tomorrow i would lower the income tax. we can compromise on the number. i would lower to 17% tomorrow. just do it. i don't care people predict less revenue. it would be an enormous boost to the economy and like under kennedy and under coolidge and under reagan when you reduce rates sometimes you get more revenue. the same thing with immigration. we make it harder on ourselves or that the commission, we make it harder when we have 1000 moving parts. it's why the public is upset...
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Apr 17, 2013
04/13
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CSPAN
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in 2012 we had a significant challenge with insider tax. we significantly improved our training. intelligenceter capability in the coalition as well as inside the afghan forces. we revised our tactics, techniques, and procedures and we have a much more routine and effective dialogue with afghan partner to mitigate the risk of insider attacks. are based on the numbers. we have had three in 2013 and we have 20 last year 2012 during that same time. issues that keep me awake at night, insider threat is one of those. it erodes spread between our coalition and are asked and partners and it erodes the will of the american people. i recognize that. >> what is your analysis of the leadership of the force of the afghan forces? important. quality and character of the leadership is a crucial elena kagan to any enterprise success. you know these people personally, i presume. do you have confidence that these are strong and effective leaders? >> i would characterize the afghan leadership as improving. there are a number of leaders and we're fortunate right now that the minister of defense and
in 2012 we had a significant challenge with insider tax. we significantly improved our training. intelligenceter capability in the coalition as well as inside the afghan forces. we revised our tactics, techniques, and procedures and we have a much more routine and effective dialogue with afghan partner to mitigate the risk of insider attacks. are based on the numbers. we have had three in 2013 and we have 20 last year 2012 during that same time. issues that keep me awake at night, insider...
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Apr 20, 2013
04/13
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and in doing so they find some information electronically that i haven't been up front with my taxes. this would prevent d.h.s. from say sharing that information with the internal revenue service? guest: the private companies in sharing information, the biggest concern is -- individuals are concerned that their private information within the cyber networks or systems would be held by private companies but then provided to the government, that this private information would not be stripped by the companies first. in the president's executive order, the onus would be on the privacy advocates. companiesthe private to strip any private information that might be caught up within the context of cyber threat information. first one has to understand the definition of cyber threat. it is unlikely but not impossible that your private tax information, your e-mail content would be part of that information that is a cyber threat information that would be given to the government. is there a possibility that it would be lumped in with that? yes. so whose responsibility is it to minimize and get rid
and in doing so they find some information electronically that i haven't been up front with my taxes. this would prevent d.h.s. from say sharing that information with the internal revenue service? guest: the private companies in sharing information, the biggest concern is -- individuals are concerned that their private information within the cyber networks or systems would be held by private companies but then provided to the government, that this private information would not be stripped by...
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Apr 18, 2013
04/13
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CSPAN2
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conservatives point to and i might as well would be, you know, that people point to kennedy reducing taxes have actually growing the economy as well as reducing unemployment, as well as, you know, increasing i think reverend actually increased even though he cut rates. so i would probably say kennedy. i think kennedy also captured the american imagination somewhat. i think falsely sometimes though because the media gave him a pass. nowadays i don't think that would happen. on either side. but i guess i would say kennedy among the once since i've been living. >> senator, you spoke at the university last week. how do you think your message was received there? do you plan on doing any more outreach like that? if so, what would you do differently? >> about three days late i spoke to simmons college which is historically a black college in louisville. i thought my reception at howard was much better than the left wing media. so if you're here from the left wing media, i didn't appreciate your recession. by howard i think was very fair. i had never met kurt schmoke before but i've always been a
conservatives point to and i might as well would be, you know, that people point to kennedy reducing taxes have actually growing the economy as well as reducing unemployment, as well as, you know, increasing i think reverend actually increased even though he cut rates. so i would probably say kennedy. i think kennedy also captured the american imagination somewhat. i think falsely sometimes though because the media gave him a pass. nowadays i don't think that would happen. on either side. but i...
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Apr 23, 2013
04/13
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CSPAN2
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this bill does not create new taxes or increase existing tax taxes. instead, the bill will help states and cities collect billions in unpaid taxes already owed, reducing the need to raise new taxes on tax compliant businesses and citizens. indeed, yesterday i was with my governor and he indicated that if we could pass this at the federal level and allow the state of rhode island to collect approximately $70 million a year, he would propose a reduction in our sales tax, which would benefit all the people in rhode island and also benefit the businesses in rhode island because they would have a smaller sales tax margin to pay. so this is a proposal that i think is not only necessary, it's long overdue. in 2012, as i've indicated, rhode island estimated it lost approximately $70 million in uncollected revenue. the revenue was legally owed but because of this loophole, it went uncollected. this puts pressure on individuals and businesses that play by the rules. indeed, if the marketplace fairness act becomes law, rhode island has provisions in state law, a
this bill does not create new taxes or increase existing tax taxes. instead, the bill will help states and cities collect billions in unpaid taxes already owed, reducing the need to raise new taxes on tax compliant businesses and citizens. indeed, yesterday i was with my governor and he indicated that if we could pass this at the federal level and allow the state of rhode island to collect approximately $70 million a year, he would propose a reduction in our sales tax, which would benefit all...
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Apr 23, 2013
04/13
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tax-free shopping on the internet will be the focus of debate. states can only require stores to collect sales tax if the store has a physical presence in that state. the senate voted to take up the bill, which could pass as early as this week. the senate coverage on c-span2. homeland security secretary janet napolitano will be the sole witness. she was scheduled to appear last week. live coverage of the hearing in just under an hour on c-span radio and on c-span. those are some of the latest headlines on c-span radio. [video clip] >> the museum is meant to help a visitor relive the first eight years of the 21st century. the museum explains the decision-making process that i went through as president. and we hope the museum inspires people to serve, to serve their community or their country in some way. we really did not want to be a school. we wanted to be a do tank. i don't know if there is a lesson there. i do know that laura and i decided to go in a different direction with the -- apart from the museum with a component from which programs wou
tax-free shopping on the internet will be the focus of debate. states can only require stores to collect sales tax if the store has a physical presence in that state. the senate voted to take up the bill, which could pass as early as this week. the senate coverage on c-span2. homeland security secretary janet napolitano will be the sole witness. she was scheduled to appear last week. live coverage of the hearing in just under an hour on c-span radio and on c-span. those are some of the latest...
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Apr 16, 2013
04/13
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baca: taxes, most americans support this proposals far more than did in 2007. [inaudible. >> yeah. and frankly elections have had an impact as well. but i would say this, both the senate and the american people are at one with this. they will be -- they will support. the senate and the american people will support commonsense, balanced solution and the 11 million who are here illegally, provided that they have assurance that we will not have future waves of illegal immigration. john has made that a watch word as we have moved this bill through. and we believe those provisions are very important. the president didn't believe in a trigger, but we did. we created a trigger that is achievable and specific so it can't be used as an excuse not to provide the path to citizenship. >> in 2007 once the bill was introduced was when you started to get the wave of talk radio critics and the town hall meetings that i know senator mccain remembers well, so, there is already some chatter -- is there any reason to believe that that same din milk -- >> thanks to the effort of a lot of us, but especi
baca: taxes, most americans support this proposals far more than did in 2007. [inaudible. >> yeah. and frankly elections have had an impact as well. but i would say this, both the senate and the american people are at one with this. they will be -- they will support. the senate and the american people will support commonsense, balanced solution and the 11 million who are here illegally, provided that they have assurance that we will not have future waves of illegal immigration. john has...
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Apr 19, 2013
04/13
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in pakistan the government is not execute a much-needed policy and tax reforms and the company -- country faces no prospects for sustained economic growth. on a somewhat more positive note dispatcher the armed forces continued operations in the areas which have been safe havens are al qaeda and the taliban. and pakistan has established national provincial assembly elections on may it will mark a historic first if they transfer government peacefully. in china last month, huge and pain ecame president his country can do to supplement its military to put those by bolstering maritime law enforcement to support its claims in the south and east china sea. russia will continue to resist putting more international pressure on syria or iran. it will also continue to display great sensitivity to missile defense. closer to home despite positive trends towards democracy and economic development, latin america and creating content oaw recovery from natural disasters and drug-related violence and trafficking. in venice with the presidential election occurred four days ago to decide a six-year term of t
in pakistan the government is not execute a much-needed policy and tax reforms and the company -- country faces no prospects for sustained economic growth. on a somewhat more positive note dispatcher the armed forces continued operations in the areas which have been safe havens are al qaeda and the taliban. and pakistan has established national provincial assembly elections on may it will mark a historic first if they transfer government peacefully. in china last month, huge and pain ecame...
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Apr 22, 2013
04/13
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then they are not able to pay their income taxes, get higher paying jobs, pay higher income taxes for the government. that goes into a vicious cycle. >> if we don't have the money, we cannot buy textbooks and supplies for our students. >> college seniors who graduated in 2009 carried on average of $24,000 in student loan debt, up 6% from 2008. >> it continues growing. today, student loan debt has climbed to an average of nationwide. >> if they don't go to college, how they're going to afford a place to live, and once they get t of clege, how they're going to pay back these student loans that are so huge. >> i just think everything is just up in the air and nobody knows from year to year what is going to happen. >> we inherent the nation and therefore the debt and the economy. if our nation is unable to support our futures, how will we be able to pursue our own happiness and dreams? >> the economy supports the people. >> from small businesses, to jobs, to income -- >> and as a younger generation -- >> we hope to begin our lives in a nation -- >> that creates many opportunities -- >> fo
then they are not able to pay their income taxes, get higher paying jobs, pay higher income taxes for the government. that goes into a vicious cycle. >> if we don't have the money, we cannot buy textbooks and supplies for our students. >> college seniors who graduated in 2009 carried on average of $24,000 in student loan debt, up 6% from 2008. >> it continues growing. today, student loan debt has climbed to an average of nationwide. >> if they don't go to college, how...